Coronavirus (COVID -19) Stimulus Payments
Your Questions Answered

Q: Why are people receiving stimulus checks from the government?
A: The money is meant to offset the financial burdens many Americans are facing as a result of the coronavirus (CoviD-19) outbreak.


Q: Who will receive stimulus money?
A: It depends on several factors including:

  • Your yearly income.
  • Your household income, if you have a spouse.
  • Whether you have children.

For all the details of who is eligible to receive a payment and how much you may expect to receive, go here.

Q: What year’s income is considered by the IRS?
A: 2019. Or if you haven’t filed your 2019 taxes yet, 2018.

Q: Do I have to apply to receive a payment?
A: No.

Q: How will I receive a stimulus payment?
A: There are two ways the funds are being distributed.

  • If you have established direct deposit in the past with the IRS, the money will deposited directly into your account.
  • If you do not have direct deposit with the IRS, you will receive a paper check in the mail to the mailing address on your tax return from either 2019 or 2018. (If you receive a paper check, see below to see how to deposit it safely and securely using our mobile deposit app. No need to travel to a branch or an ATM to make the deposit.)

Q: When will the payments arrive?
A: Payments are being processed in batches. Some members have already received stimulus payments. Others will receive theirs soon. Paper checks will take the longest time to issue and may not arrive for several weeks.


If you receive a paper check for your stimulus payment, we encourage you to use our safe, secure mobile check deposit.

Mobile deposit allows you to use your smartphone to deposit checks into your account from the safety of your home. No trips to the drive-thru or ATM. If you’re not familiar with mobile check deposit, here’s a step-by-step video that walks you through the process.

A few things to note:

  • In order to be eligible for mobile deposit, your membership must be in "good standing," open for at least 15 days, and the primary owner on the account needs to be at least 16 years old.
  • Deposit up to $5,000/day and $10,000/month
  • Most checks are subject to a three business day hold. (Please note: longer holds may apply).

Additional helpful tips can be found here.

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